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Descriptions

CLP entered the Mainland electricity sector in 1979 and has grown to become one of its largest external investors. We participate in the development, construction and operation of coal, nuclear, hydro, wind and solar energy projects.

Find out more about each asset (that are under development or are commissioned)/CLP investments by clicking on the icon.

CLP first invested in coal-fired power plants in the Mainland market in 1998. We now have projects located in Guangxi, Shandong, Hebei, Tianjin, Liaoning, Inner Mongolia and Shaanxi. We have also invested in measures to improve environmental performance at these plants. The most recent project adopts ultra-supercritical technology to improve energy efficiency and reduce carbon intensity.

CLP's first major expansion beyond Hong Kong is our joint venture with China Guangdong Nuclear Power Holding Co., Ltd. to develop, build and operate the Daya Bay Nuclear Power Station in Guangdong. Daya Bay is one of the earliest and largest projects launched under China's Open Door Policy and remains one of the most successful. Besides, the acquisition of a 17% equity interest in Yangjiang Nuclear Power Co Ltd was completed in 2017. Currently, nuclear energy plays a very important role in the world’s and China’s transition towards a low-carbon economy.

Guangzhou Pumped Storage Power Station has a total capacity of 2,400MW and was commissioned in two stages. CLP has contractual rights to use the equivalent of half of the first stage of the project (600MW). A pumped storage plant uses hydro technology to store energy generated by other power stations. Storage is achieved by pumping water from a lower to an upper reservoir. The stored energy can then be recovered by running the hydro units in reverse as generators, with their output available to the grid system at times of peak demand or as backup if other units shut down unexpectedly.

CLP has made significant progress in the Mainland wind power sector since we entered the market in 2006. We now have investments and projects in Jilin, Shandong, Yunnan, Guizhou, Inner Mongolia, Liaoning, Gansu, Hebei, Guangdong, Jiangsu and Shanghai, and have become the largest external investor in the Mainland's wind energy sector. We continue to examine opportunities to participate further in this rapidly growing business, which will eventually help balance the current reliance on coal.

CLP made its first investment in renewable energy in 1997 when it acquired a stake in the Huaiji Hydroelectric Power Project in Zhaoqing, Guangdong. We are now the majority owner of Huaiji and sole owner of the Jiangbian hydro project in Sichuan and the Yang'er hydro plant in Yunnan. Hydro plants generate power without emitting carbon and contribute towards achieving our Climate Vision objectives.

CLP believes that solar power is a key renewable source for a low-carbon world. We recognises the value of including solar energy in our low-carbon portfolio. CLP will continue to explore other solar project investment opportunities with a focus on regions with good solar energy resources and low grid-restriction risks in the Mainland.